Sell off due to GOOG revenue merger plan. Bought some June calls at .28 ($25). Kind of a gamble, obviously.

.34/.35- was .38/.39 at one point. Hoping for a nice correction tomorrow.
Posted by bilgert on June 12, 200815:46:

.42/.43 weeeeeeeeee!
Posted by bilgert on June 12, 200815:51:

.45/.48YAHOOOOOOOOOOOOOOOO!
Posted by bilgert on June 12, 200815:53:

I tell you what, she's more volatile than an egg salad sandwich left on the front porch in June.
Posted by SoAngel on June 12, 200815:54:

I am seeing 23.36 right now. You got in at 25.28 if I am reading right ?

Maybe I had too much to drink...
Posted by bilgert on June 12, 200815:57:

I'm playing options SoAngel... I was posting on the options board, but no one's been there since October 2007...

I bought calls for a $25 strike price (expires June 19th) at .28 per contract.

Sorry for the confusion.
Posted by SoAngel on June 12, 200815:58:

Ahah! Thank you for the clarification. The prices were matching up pretty accurately if your $25 was a $23, lol.

I am going to get another drink Posted by metal1 on June 26, 200810:01:

i'm in now at 21.48. seems like everyone in the world except yhoo wants some kind of deal with microsoft. i think something will still happen. shareholders don't seem to be very happy that nothing was done the first time around..
Posted by bilgert on July 02, 200808:35:

YHOO up about $1.60 premarket- October calls look to be trading at about $1.74 pre market Posted by metal1 on July 02, 200809:49:

another deal with MSFT maybe in the works..

SAN FRANCISCO (MarketWatch) - Shares of Yahoo Inc. jumped 7% after a news report said Microsoft Corp. has approached other media companies about a potential joint bid for the Web portal.

According to Wednesday's Wall Street Journal, Microsoft has held talks with Time Warner, News Corp. and other firms about an arrangement in which Microsoft would buy Yahoo's search business, with the other firm buying what's left of Yahoo.

Shares of Yahoo, which has held on-again, off-again talks about being bought in whole or in part by Microsoft, briefly dipped below $20 on Tuesday for the first time since the Redmond, Wash., software giant first launched an unsolicited approach for the Sunnyvale, Calif., Internet-search company.

Yahoo's decline comes as the company undergoes a major reorganization and faces a proxy contest with dissident shareholder Carl Icahn.

The stock was up $1.50 at 21.70 in early trading Wednesday.

News Corp. is the parent of Dow Jones & Co., which owns the Journal, Barron's magazine, Dow Jones Newswires, and MarketWatch, the publisher of this report
Posted by metal1 on July 07, 200810:22:

more news today. up 2.25 right now..

Microsoft open to 'major transaction' if Yahoo replaces board10:01 AM EDT July 7, 2008SAN FRANCISCO (MarketWatch) - Microsoft Corp. said Monday morning that it would be open to discussing a "major transaction" with Yahoo Inc. if the Web portal installs a new board of directors at its annual meeting next month.

In a statement, the software giant said it has held discussions with billionaire activist Carl Icahn, who is mounting a proxy battle for control of the Web portal. While not promising a deal, Microsoft said it has concluded that it cannot reach an agreement with the current Yahoo board but would be open to discussions with a new board.

"We confirm, however, that after the shareholder election Microsoft would be interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase the 'Search' function with large financial guarantees or, in the alternative, purchasing the whole company," the statement read.

Shares of Yahoo jumped nearly 10% in early morning trading Monday. The stock has dropped by more than 25% since Microsoft pulled its $47 billion buyout offer in early May.

In his own statement before the opening bell, Icahn said he has spoken frequently with Microsoft CEO Steve Ballmer over the last week. He said that Ballmer "made it abundantly clear" that he would hold no further talks with the current Yahoo board on worries that any transaction would require a large amount of capital up-front but would takes months to conclude.

"During that period, if the current board and management team of Yahoo! mismanage the company (and their recent track record is far from reassuring), Microsoft would be putting its money at risk and a great deal could be lost," Icahn said in his statement.
Posted by bilgert on July 08, 200816:09:

PPS at $24.56 EOD- sweet

$2.45 for October $25 calls - even sweeter.
Posted by metal1 on October 22, 201309:23:

still long. 34 now
Posted by metal1 on March 05, 201402:12:

Still long. Curious how the Alibaba IPO will work out. 39 now
Posted by metal1 on March 11, 201410:35: